RBI Repo Rate Hike to 5.5%: Impact on Rupee, Inflation and Indian Markets
The RBI repo rate hike has brought attention to Indias inflation outlook, currency pressure and financial markets. The Reserve Bank of India (RBI) has raised the repo rate by 25 basis points to 5.5% according to the information provided. The decision was taken unanimously by the Monetary Policy Committee (MPC) headed by Governor Sanjay Malhotra. … Read more